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To: CDHart
I hope that was the right thing to do, as we will be needing it by the end of the year.

I believe that you made the correct move...as long as you're not in bonds that are at medium or high risk for default within the time frame during which you will be drawing from the 401(k), since it looks like we're in for rough times ahead.

4 posted on 07/11/2008 10:53:38 AM PDT by rabscuttle385 (Off balance sheet liabilities...they're not just for Enron anymore!)
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To: rabscuttle385

I’m kind of a rookie, but have moved all of my 401k money into the “PIMCO Total Return A” fund which is made up of mostly AAA and AA bonds, with around a 6% 5 year return. I don’t retire until 2036, what do you think ?


5 posted on 07/11/2008 11:16:50 AM PDT by SENTINEL (By their works shall ye know them.....)
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